The fund, likely named after the address of his childhood home, will tackle large scale job creation with a focus on investment in real estate, e-commerce and innovation in emerging markets, like China and India. Non-profit efforts will focus on education issues and the future of cities, according to the former Uber executive's tweet.

Kalanick resigned as CEO of Uber last June, amid reports of combative behavior and an intellectual property lawsuit with self-driving rival Waymo. The company also faced allegations of a toxic work culture that led to widespread sexual harassment and gender discrimination. Kalanick ordered an investigation into those allegations before resigning.